PBoC intervening to support CNY via state-owned banks - Reuters

FXStreet (Bali) - Reuters carries a headline, noting that PBoC is intervening to support CNY via state-owned banks.

Jan 5, 2016

AUD/USD taking on the recovery beyond 0.7200, will it sustain?

AUD/USD found fresh bids near 100-DMA at 0.7182 and staged a minor-recovery from China stocks collapse-led heavy losses booked yesterday.

Asian stocks rebound as China stages solid comeback

The stocks on the Asian bourses reversed early losses and swung back higher, tracking the recovery in the Chinese indices after the huge sell-off seen yesterday.